Chord Energy (NASDAQ:CHRD – Get Free Report) is projected to issue its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Chord Energy to announce earnings of $6.55 per share and revenue of $1.6183 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.
Chord Energy (NASDAQ:CHRD – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $4.56 EPS for the quarter, beating the consensus estimate of $3.51 by $1.05. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.21 billion. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.06%. The company’s revenue was up 37.1% on a year-over-year basis. During the same period in the previous year, the business earned $4.04 earnings per share. On average, analysts expect Chord Energy to post $18 EPS for the current fiscal year and $12 EPS for the next fiscal year.
Chord Energy Trading Up 3.2%
Shares of CHRD stock opened at $132.98 on Wednesday. Chord Energy has a fifty-two week low of $84.25 and a fifty-two week high of $151.95. The stock’s fifty day moving average price is $128.60 and its two-hundred day moving average price is $123.14. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. The company has a market cap of $7.49 billion, a PE ratio of -117.98 and a beta of 0.49.
Chord Energy Dividend Announcement
Analyst Ratings Changes
A number of brokerages have weighed in on CHRD. Morgan Stanley cut their target price on shares of Chord Energy from $175.00 to $169.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Truist Financial reduced their price objective on Chord Energy from $185.00 to $170.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. UBS Group dropped their target price on Chord Energy from $179.00 to $153.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Wells Fargo & Company boosted their price target on Chord Energy from $136.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Finally, Roth Capital reiterated a “buy” rating and issued a $145.00 price objective on shares of Chord Energy in a report on Wednesday, July 15th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $152.38.
Read Our Latest Stock Report on Chord Energy
Insider Transactions at Chord Energy
In other Chord Energy news, COO Darrin J. Henke sold 1,276 shares of Chord Energy stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $145.97, for a total value of $186,257.72. Following the completion of the sale, the chief operating officer directly owned 21,157 shares in the company, valued at approximately $3,088,287.29. The trade was a 5.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Douglas E. Brooks sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $138.57, for a total value of $207,855.00. Following the completion of the transaction, the director directly owned 18,705 shares in the company, valued at approximately $2,591,951.85. This trade represents a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 9,276 shares of company stock valued at $1,285,968. Company insiders own 0.79% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of CHRD. WealthCollab LLC raised its holdings in shares of Chord Energy by 90.6% during the second quarter. WealthCollab LLC now owns 305 shares of the company’s stock valued at $30,000 after purchasing an additional 145 shares during the period. Merit Financial Group LLC grew its stake in shares of Chord Energy by 1.8% in the 3rd quarter. Merit Financial Group LLC now owns 11,997 shares of the company’s stock valued at $1,192,000 after buying an additional 216 shares during the period. Larson Financial Group LLC increased its position in Chord Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 791 shares of the company’s stock valued at $79,000 after buying an additional 238 shares in the last quarter. Vident Advisory LLC increased its position in Chord Energy by 2.1% in the 3rd quarter. Vident Advisory LLC now owns 12,511 shares of the company’s stock valued at $1,243,000 after buying an additional 261 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in Chord Energy by 20.5% during the 4th quarter. Parallel Advisors LLC now owns 1,789 shares of the company’s stock worth $166,000 after buying an additional 304 shares during the period. Institutional investors and hedge funds own 97.76% of the company’s stock.
Chord Energy Company Profile
Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.
The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.
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